How 'unreliable' do European Govt.s see the current administration of the Tangerine Tyrant?
Well, in the Dutch case for the Netherlands' Central Bank to remove its physical gold reserves from storage in New York and transfer them to London (some was physically relocated; some was sold in NY & 'new' gold reserves purchased in London).
The Dutch cited the need to easily access the gold in a crisis as a key motive behind the move; make of that what you will.
#gold #CentralBanks #politics
h/t FT